eKYC for MF Is It Safe in 2025
28/02/2025 Other Services
Price: 499999.00 ₹
Description
eKYC, or electronic Know Your Customer, is becoming very common for Mutual Fund investments. By 2025, it's expected to be even more widespread. The big question is, how safe is it? eKYC for MF uses digital tools to verify your identity, like video calls and online document uploads, instead of paper forms. This makes investing faster and easier. However, there are concerns. One worry is that hackers might steal your personal information. Companies handling eKYC must have strong security systems to prevent this. Another issue is ensuring the person on the other end of a video call is really you. Technology like facial recognition helps, but it's not perfect.
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